It’s Hard to Imagine

It’s hard to imagine when you’re earning your first paycheck, loaded with debt, waiting for the future, struggling to pay your bills, desiring everything your friends seemingly have, that this is the time to think about what you NEED for your future.

If you know what you NEED then you can pinpoint the amount you must make in your career to quit.

The sooner you understand your number, the easier it will be to determine what matters to YOU. You’ll shed the expenses that you accrue living up to an imagined life, focusing on the costs that actually fulfill you. Your car, restaurant and bar expenses will likely fall while your enjoyment…

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The Power of 1

Think small changes can’t make a difference in your finances? Then think about the power that the lowly number 1 has in building your wealth.

By upping your savings rate by just 1% a year, you can increase it from 10% to 20% in ten years, vastly improving the probability you can safely retire one day.

Saving $1 more per day can save you $30 more a month, and $365 more a year.

Having one car versus two can save you over $800 a month, on average, or nearly $10,000 a year.

A difference of 1% in investment fees can result in a difference of hundreds of thousands of dollars by the time you retire.

Imagine…

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Get Rid of the Want

Searching for the secret to financial success or even financial freedom?

Ignore the want.

It’s what forces you to overspend. It’s what keeps you from saving. It’s what prevents you from investing. It’s what creates debt.

Want proof?

Stories abound about people making less than $50,000 a year repaying…

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Money Secrets

If you’re whispering under your breath about your spouse’s spending, something is wrong.

If you’re afraid to talk to your spouse about a your growing credit card debt, something is wrong.

If you don’t know, generally, how much your spouse makes in a year, something is wrong.

If you don’t know, generally, how much your spouse spends in a year, something is wrong.

If you don’t explain your money qualms…

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The Optimal Financial Performance

The textbook says to stock 15% away each paycheck into a tax-advantaged account, and over 40 years you will have enough saved for retirement.

People save far more than 15%, though, trying to reach retirement in a decade or less.

What’s the optimal choice for you?

The textbook says buy a house that’s under 30% of your income.

Others buy houses that are 20% or less than their income.

What’s the optimal choice for you?

The textbook says that people, on average, spend $3,000…

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Sharing With Your Significant Other

If you can’t discuss your financials with your significant other (SO), ask yourself why.

Does it have to do with how your parents viewed money, never discussing it? That’s a shame; don’t be like them. Break the cycle and discuss it with your SO.

Does it have to do with fear you will disappoint her? If she really loves you, then there’s no reason you can’t share your financial truth. Break the cycle and discuss it with your SO.

Are you afraid of what he might think…

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